How many languages can you say “initial public offering” in? Popular language-learning app Duolingo is moving closer to its IPO, announcing its starting price at $85 to $95 per share. The tech company will offer about 5.1 million shares, which would raise over $485 million.
The Demand for … Read More
Oregon lawmakers will soon be considering overturning the qualified business income deduction. This law was introduced in 2017 as part of a major legislative overhaul by state Republicans. The deduction is currently available to certain business entities including sole proprietors, partnerships, and S-corporations. These “pass-through” businesses can … Read More
The IPO calendar is packed with 19 new offerings set to launch in what may become the busiest week of 2021. However, some analysts suspect that a number of obstacles could prevent this record high from taking place. In the previous week, half of the 13 new … Read More
Across the US, new small businesses like Northtown Pharmacy of Jackson, Mississippi are opening their doors, signaling the tides turning toward economic recovery. With the help of a Small Business Boost (SBB) loan, Dr. Andrew Clark was able to launch his independent pharmacy on June 1st. SBB … Read More
Cloud-based database company Couchbase is joining the stream of tech companies going public. The software provider plans to sell 7 million shares on the Nasdaq. Based on their target IPO price of $20 to $23 per share, Couchbase could raise as much as $185 million, giving them … Read More
Small businesses across the U.S. are starting to anticipate brighter horizons, according to a recent report by the National Federation of Independent Business (NFIB). The organization releases an “Optimism Index” based on factors like employment plans, inventory increase, and earning trends. This June, the index rose 2.9 … Read More
August and September may soon be the ideal time to go shopping in Massachusetts. Governor Charlie Baker’s administration recently introduced legislation to establish a Sales Tax Holiday during these months. This plan would be an expansion of the existing tax-free weekend, which takes place in mid-August each … Read More
Is Zevia the Next Beverage Giant?
An upcoming IPO seeks to kick sugar to the curb: soft drink maker Zevia plans to go public this year. The California-based company makes zero-calorie beverages that use stevia as a natural sweetener.
Last year, the soft drink seller estimated that they held … Read More
Busiest Week for New Public Offerings in Over 17 Years
From donuts to ride shares, last week’s IPOs resulted in the busiest week for new public offerings since 2004. Within a week’s time, 14 different companies raised over $100 million each. Investment banks like Goldman Sachs and Morgan … Read More
Elon Musk, the celebrity-status CEO behind Tesla and SpaceX, is already fielding questions about an IPO for Starlink, a division of SpaceX focused on providing satellite-based internet services. The centibillionaire has replied that the company will need to establish a “more predictable cash flow” before going public … Read More